Transfers (IC22.1)
Use Transfers (IC22.1) to directly enter transfer transactions into the Inventory Control application. Transactions are entered in this form by a user-defined document ID. Transactions are released (updated) to the Inventory Control application by document ID using the Release form action. This process lets you review and adjust transactions as many times as necessary before they are updated to inventory.
Processing Effect
When transactions are released, stock-on-hand quantities are updated immediately. However, if you are creating an intransit document where items are being transported from one company and location to another, quantities to where items are transferred are considered intransit until you receive and release them in IC23.1 (Intransit Receiving).
More Information
This form lets you enter multiple item transfers by item number and transfer quantity. As you enter item transfers you can enter notations for general ledger and/or override default values for the item's unit of measure and preferred bins. For catch weight items, you must enter both the stock unit of measure and secondary unit of measure quantities. To view the Catch Weight subform, select the Define form action.
If items are set up for lot or serial number tracking, this form walks you through required detail forms, IC29.1 (Lots) or IC29.2 (Serials). You must complete item detail forms before you can release a document. Otherwise, a message indicates out of balance. To access detail forms after the initial transfer, you must first view the document using this form. Then, select the Walkthru form action.
You can transfer from multiple bins for lot or serial number tracked items when this form transfers you to required lot or serial forms. However, for a normal item, you must enter each bin as a separate line transaction.
Before you can enter detail item transfers, you must enter the company, from location, document ID, to location, date/time, and general ledger posting date. The date and time fields default to the system date unless otherwise specified. If you are creating an intransit document that has a large time span during which items are transported from one location to another, set the intransit flag to Yes. Then, enter the estimated delivery date. Optionally, specify the number of cartons in the transfer.
The general ledger posting date indicates to which general ledger period to post transactions. You can post transactions to any general ledger period as long as the general ledger posting date is within 35 days (before or after) of the current inventory period end date defined in IC01.2 (Period End Dates) and the appropriate general ledger period is open for posting. If the general ledger posting period is later than the current general ledger period, transactions remain in the general ledger file until the appropriate general ledger period becomes current. Transactions are passed to the General Ledger application by running IC130 (General Ledger Interface).